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12 hours ago · The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.
12 hours ago · The British pound strengthened to a three-week high versus the US dollar; The country’s manufacturing and construction sectors grew by less than expected in June; UK stocks initially rose after the Labor Party secured a majority in the country’s elections; Asia. China’s factory activity shrank for a second straight month. Why it matters
6 hours ago · Apple is up by 34% over the last 3 months, despite quarterly revenue being down 4% YoY. Apple spiked likely due to the $110B additional share repurchase, and anticipated release of Apple ...
12 hours ago · The firm expects the robotaxi business to account for 63% of revenue, 86% of EBITDA and 88% of enterprise value. The Aug. 8 robotaxi unveil event will likely shed more details on the near-term ...
47 minutes ago · An ongoing legal case between OpenAI and the New York Times about generative AI takes an interesting and outcome-shaping turn. Huge stakes involved. Here's the scoop.
12 hours ago · Recessions. Many factors directly and indirectly serve as the causes of the Great Recession that started in 2008 with the US subprime mortgage crisis.The major causes of the initial subprime mortgage crisis and the following recession include lax lending standards contributing to the real-estate bubbles that have since burst; U.S. government housing policies; and limited regulation of non ...
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12 hours ago · His last two years were marked by double-digit inflation, coupled with very high interest rates, oil shortages, and slow economic growth. Due to the $30 billion economic stimulus legislation – such as the Public Works Employment Act of 1977 – proposed by Carter and passed by Congress, real household median had grown by 5.2%, with a projection of 6.4% for the next quarter.
